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In 2016 north korean hackers stole $81 million from the central bank of bangladesh by convincing the fed in new york to obey their fake requests to transfer the money. $81 million. not bad for a day's work, right? north korean hackers it turns out also figured out a way to infect the computers of everyone who visited a relatively obscure banking website. the website of the banking regulator for the nation of poland. poland is not a financial hub. this is a random and somewhat technical part of the international banking system. almost nobody's going to go to the website of the polish banking re...

Convincing the fed in new york to obey their fake requests to transfer the money. $81 million. not bad for a day's work, right? north korean hackers it turns out also figured out a way to infect the computers of everyone who visited a relatively obscure banking website. the website of the banking regulator for the nation of poland. poland is not a financial hub. this is a random and somewhat technical part of the international banking system. almost nobody's going to go to the website of the polish banking regulator except of course banks. but that was the point. by basically rigging that real...

Banking website. the website of the banking regulator for the nation of poland. poland is not a financial hub. this is a random and somewhat technical part of the international banking system. almost nobody's going to go to the website of the polish banking regulator except of course banks. but that was the point. by basically rigging that real website in poland these north korean hackers were able to get their own malware into the computers of banks from all over the world who had visited that website. and they ended up stealing from and targeting banks through that scheme in brazil and chile...

Sense that the internet is just one series of systems and networks, and giving the president the authority to shut down some of those systems, some of those networks, some of those websites could just as easily be used to stop an attack on a banking website as to shut down a tool that's been used to, for free speech by dissidents. so the concern here is that i think the sponsors of this bill are well intentioned and probably have in mind really truly protecting only our cyber security. the bill really doesn't have adequate safeguards to ensure it's not abused. i think also it's fair to say tha...